The sneaking arts of underling tradesmen are thus erected into political maxims for the conduct of a great empire; for it is the most underling tradesmen only who make it a rule to employ chiefly their own customers. A great trader purchases his good always where they are cheapest and best, without regard to any little interest of this kind.
[No society can survive the socialist] fallacy that there is an absolutely unlimited number of inspired officials and an absolutely unlimited amount of money to pay them.
The greatest embarrassment of my political career has been that active duties seem to deprive me of time for careful investigation. I seem almost obliged to form conclusions from impressions instead of from study.... I wish that I had more knowledge, more thorough acquaintance, with the matters involved.